Dividend - Normal or Special

[FRONTKN] Second Interim Dividend on 16-Jun-2023

Announcement Date: 02-Jun-2023
Related Stock:
FRONTKN
FRONTKEN CORPORATION BHD
Share Registrar:
FRONTKN
FRONTKEN CORPORATION BHD
FY: 31-Dec-2022
Amount

RM 0.0260

  • Ex Date
    16-Jun-2023
  • Entitlement Date
    19-Jun-2023
  • Payment Date
    13-Jul-2023
Description
FRONTKEN CORPORATION BHD announced a quarterly dividend of RM 0.0260 per share. The dividend is payable on 13-Jul-2023, while the ex-date will be on 16-Jun-2023. This is higher than the previous dividend of RM 0.0160 per share, with ex-date of 19-Aug-2022 and paid to the shareholders on 20-Sep-2022.

Ann. Date Ex Date Amount Payment Date

About FRONTKEN CORPORATION BHD
Frontken Corp Bhd is Malaysia-based investment holding firm. The company with its subsidiaries are engaged in provides surface and mechanical engineering solutions, serving a wide-range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor-liquid crystal display and semiconductor industries. Most of its revenue comes from Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to apply
No application is needed. Shareholders that fulfill the requirement above will receive the dividend in their registered bank account on the payment date automatically.

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